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Budweiser IPO: AB InBev prepares its Asia business for the largest listing of the year



Budweiser Brewing Company APAC, Asia's largest retail brewery, plans to offer 1.63 billion shares for between 40 and 47 Hong Kong dollars ($ 5.13 to $ 6.02), according to a document setting the terms in the IPO that was shared with CNN Business.

It would increase between $ 8.3 billion and $ 9.8 billion for the brewer of Bud Light, Beck's and Stella Artois. The largest IPO of the year to date, by Uber ( UBER ) in May in New York, increased $ 8.1 billion.
"The first reason to make the listing is to have a platform in the region that is seen closer to them, and related to what the region will do, since it is something that may be attractive to local groups," he told the Financial Times. .

AB InBev became the world's largest brewer by borrowing money to finance a number of acquisitions. The last mega purchase of SABMiller increased the company's debt to $ 1

02.5 billion in 2018.

  The fat Jewish Babe Wine has been purchased by the owner of Budweiser

AB InBev refused to comment.


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